Svmuu News According to CME's "FedWatch Tool": The probability of the Fed cutting rates by 25 basis points by March is 0.6%, while the probability of keeping rates unchanged is 99.4%. The probability of a cumulative 25 basis point rate cut by April is 13.9%, the probability of keeping rates unchanged is 86.1%, and the probability of a cumulative 50 basis point rate cut is 0.1%. The probability of a cumulative 25 basis point rate cut by June is 37.5%.